With so many people wanting to make money through the use of drop shipping I thought it would be a great time to provide a very straight forward step by step guide to finding a lucrative product to drop ship. Many people fail to make money from drop shipping and they often put this down to the fact that it is an over hyped business venture that isn't as profitable as it has been built up to be. In truth however the reason people fail is that they simple haven't found a good enough market, usually due to a lack of research.
Yes before you even find a company that dropships you should find out what market you are wanting to sell in and find out if it is a market you can succeed in.
You are far more likely to succeed if you can find what is commonly know as a niche market as the competition will be far less. Basically a niche market is a segment of a bigger market. For example a broad market would be baby products so a niche market would be something such as baby strollers, or if there is still plenty of competition you could go even small and pick a specific brand of strollers to sell. Simply put the less competition you have the greater you chance of success.
You can get general ideas in several places. One could be your own hobbies and interest. For instance if you are into gardening look at the items you use to partake in this hobby and consider them as possible markets. Another place to find ideas is by simply looking around the house and considering whether it is something you would consider buying online, if you would you can bet others would too.
There are several places you can get a good idea of whether a market has buyers or not. Two good places to start are eBay pulse and looking through Amazons categories and then its bestsellers within these categories.
Finally once you have a market in mind go to eBay itself and search for your market. Now you have the results infront of you it is possible to see whether people are actually buying these items or not by clicking on advanced search and ticking the completed listings box then search. The results will now show recent items that have been put up in this market and whether they sold or not sadly if items are unsold more often than sold I would advise you take a look at another market.
Taking these steps should increase the chances of you making a good level of profit from your dropshipping venture as you should now have a fully researched list of products to dropship. All that you need now is to find a dropshipper that sells the products you are looking to sell yourself.
Visit : Buy Speakers Buy Speakers Find the best Body Fat Monitors Find Bodybuilding Routines:Tips Building Muscle, What Is the Best Lubricant?
